New inflation figures have confused Iranian households.
According to the Central Bank of Iran, the Consumer Price Index increased by almost 70% [68.7%] in the month ending April 20 [compared to the similar period of last year]. In addition, the Majlis Research Center, the research arm of the Iranian Parliament, reported that based on opinion polls, inflationary perception in Iran is over 80% and at times hovers in three-digit territory. Inflationary perception and inflation are two different concepts, Hadi Haqshenas, an economist, prefaced his write-up for the Persian daily Ta’adol with this note.
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